When it comes to ASU student housing, timing matters. Renewing your lease early can help you lock in the best available rate, keep the space you love, avoid additional fees and skip the stress of moving, all while giving you peace of mind for the year ahead.
If you recently moved into your student housing apartment in Tempe, you might be wondering: Why am I already being asked to renew my lease? It’s so early, why do I already have to make a decision about my housing for next year?
At Rambler, we’ve seen what happens when students wait too long. Rates can go up and in some cases, the exact space you’re living in now gets leased to someone else. That’s why renewing early is one of the smartest moves you can make.
In this article, we’ll cover five key benefits of renewing your lease early, from locking in the best rate to keeping your bed space and parking spot secured for another year.
Read Next: 8 Ways to Save Money on Student Housing
1. Optimal Rates
In most cases, newer apartments in Tempe offer the most competitive rates to those who commit early. Prices typically start low, gradually increasing as the apartments fill up and the demand for rooms increases.
Outside of sporadic flash sales and discounts, securing your lease early ensures you lock in the best possible pricing.
2. Keep Your Space
If you miss the renewal deadline, your exact bed space is no longer guaranteed, meaning it can be leased to someone else who signs before you. Imagine walking into the leasing office in January, ready to renew, only to learn that someone already signed for your spot months ago. Renewing early ensures you’ll get to stay in the same apartment and avoid the stress of finding a new one.
3. Skip The Fees
Moving into a new place often comes with extra costs like application fees, deposits and administrative charges that add up quickly. A general benefit of renewing your lease is that you typically get to skip all of that.
That’s money you get to save for more important things, like spring break trips, tailgates or even just a little extra cushion in your budget each month.
Read Next: 10 Additional Costs to Consider When Looking for a Student Apartment
4. Avoid The Hassle of Moving
Moving is expensive, time-consuming and stressful. When you renew early, you skip the costs and hassle of packing everything up, hauling it across town and adjusting to a new routine.
Instead, you sidestep the entire process. You keep the furniture exactly where it is, your Wi-Fi stays connected and your closet stays full.
You won’t have to spend the summer packing your life into boxes and scrambling to move, but relaxing knowing you’re already set.
Read Next: Renewing: Pros and Cons
5. Peace of Mind
College life comes with plenty of stress. With exams, papers, group projects, game days, formals and everything in between, the last thing you want is to add “Where am I living next year?” to that list in the middle of the semester.
Renewing early gives you peace of mind. It’s one big decision taken care of, leaving you free to focus on what matters most. Knowing your housing, your budget and possibly even your parking are already squared away means you can fully enjoy the year without second-guessing where you’ll end up next fall.
Renewing your lease early isn’t just about saving money, it’s about locking in your preferred space, cutting down on stress and making your life a whole lot easier.
From keeping your exact bed space to locking in the best rate, the benefits speak for themselves.
So while it might feel early to make a decision about next year, taking care of it now means one less thing to worry about later. Renew your lease early and enjoy the peace of mind that comes with knowing you’re already set for another great year. Still have questions or ready to get started with the renewing process? Don’t hesitate to contact our leasing team!
Disclaimer: Renewal policies vary by community and are subject to change. This information reflects the general Tempe renewal process, not Rambler’s specific policy. Contact the leasing team at your community of interest for accurate details.
